eToro pioneered social trading and copy trading. With 35+ million users and regulation across 4 continents, it's the world's most popular multi-asset trading platform. Here's what crypto investors need to know.
eToro is the best choice for social and copy trading — its unique CopyTrader feature lets you automatically mirror top investors' portfolios. It's regulated in the UK, EU, US, and Australia, making it one of the most compliant platforms globally. Main downside: spreads are higher than pure crypto exchanges, and the coin selection (80+) is smaller than competitors.
eToro was founded in 2007 and has grown into one of the world's leading cryptocurrency platforms. With 80+ supported cryptocurrencies and a user base of UK/EU/US/AU, it serves a diverse range of investors from beginners to professional traders.
The platform's core strengths are reflected in its tagline: Best social trading platform · Copy trading · 80+ coins. In 2026, eToro continues to evolve its product offering while maintaining its core value proposition for its target users.
eToro does not charge a trading commission on crypto, but it takes a 1% fee on every crypto buy and sell, built into the price you see. On top of that come a $5 withdrawal fee and a $10 monthly inactivity fee after 12 months without logging in. Unlike exchanges, eToro has no maker/taker fees and no volume tiers — the cost is the same whether you buy $50 or $50,000.
For regular crypto buying that makes eToro relatively expensive: a dedicated exchange such as Bitvavo (0.15% / 0.25% in the EU) or Kraken Pro usually costs less. eToro earns its place for other reasons — copy trading, and stocks, ETFs and crypto in one regulated account. Always check the current fee page before trading, as fees can change.
Fee tip: Because the 1% crypto fee is the same at every size, eToro suits occasional purchases and copy trading better than frequent small buys or active trading.
eToro maintains industry-standard security practices including cold storage for the majority of customer funds, mandatory two-factor authentication, and regular security audits. eToro has been listed on Nasdaq (ETOR) since May 2025 and is regulated by the FCA in the UK, by CySEC in the EU — including a MiCA licence for its crypto services — and by ASIC in Australia, with separate registrations for its US business.
As with any centralized exchange, the core security principle applies: only keep on the exchange what you are actively trading. Long-term holdings should be moved to a hardware wallet for maximum security.
Security best practice: Enable 2FA using an authenticator app (not SMS), use a unique strong password, and whitelist withdrawal addresses. Consider moving significant long-term holdings to a hardware wallet.
eToro offers a comprehensive suite of products beyond basic spot trading. The platform has expanded significantly in 2026, adding or improving features across staking, yield products, and advanced trading tools. Its ecosystem reflects its core positioning: Best social trading platform · Copy trading · 80+ coins.
The feature set is particularly well-suited to its target audience. Users looking for capabilities outside that core positioning may find competitor platforms better suited to specific needs.
| User Type | Verdict | Reason |
|---|---|---|
| Social/copy traders | Excellent | CopyTrader is unique and genuinely useful |
| Multi-asset investors | Great | Crypto + stocks + ETFs in one account |
| Beginners | Great | Very clean UI, regulated, easy to use |
| Active crypto traders | Poor | Spreads too high, limited order types |
| Altcoin hunters | Poor | Only 80+ coins, far fewer than competitors |
eToro occupies a unique niche: it's not trying to be the cheapest or deepest crypto exchange — it's a social investing platform that includes crypto alongside stocks and ETFs. For investors who want to copy successful traders, hold both crypto and traditional assets, and benefit from strong regulatory protection, eToro is an excellent choice. For pure crypto trading, active traders, or altcoin investors, you'll be better served by Kraken or Binance.
CopyTrader lets you allocate funds to copy another investor's portfolio proportionally in real-time. When they buy or sell, your account mirrors the trade. You can copy multiple traders simultaneously with different allocations. Performance stats, risk scores, and historical returns are all visible before you copy.
eToro doesn't charge a trading commission but makes money through the bid-ask spread — typically around 1% for major coins. There's also a $5 withdrawal fee and inactivity fee ($10/month after 12 months of inactivity). The effective cost is higher than dedicated crypto exchanges.
Yes, through eToro's separate US business, but the product range is narrower than on the international platform and availability can vary by state. Check what eToro offers in your state before signing up; for crypto alone, Kraken is our main US pick.
Yes — eToro has a separate eToro Wallet app for self-custody. You can transfer coins from your eToro trading account to the wallet. The wallet supports a limited range of coins. For full self-custody control, consider a dedicated hardware wallet like Ledger or Trezor.
Risk Disclaimer: Crypto investing involves significant risk, including possible loss of principal. This review is for informational purposes only and does not constitute financial advice.